Pizza Hut‚ Inc. Introduction Pizza Hut‚ Inc. is the largest pizza restaurant in the world in terms of both the number of outlets and the percentage of market share it holds. On June 15th‚ 1958‚ two brothers Dan and Frank Carney opened the first Pizza Hut restaurant in Wichita‚ Kansas. A friend suggested to them that they should open a pizza palor‚ the brothers agreed that the idea could prove successful. The Carney brothers borrowed $600 from their mother to start the business with friend John Bender
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Executive Summary Pizza Hut started out as a pizza parlor opened up by two brothers in Topeka‚ Kansas. Today‚ the company has restaurants all over the world and its annual sales are in the billions. The growth of the company was due to a good product being delivered at a good price and offering perceived value. The company has adjusted to new entrants into the market and has managed to stay ahead of the competition. The philosophy for growth is simple: Take care of the customer‚ and the customer
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competitor for McDonald’s can be anywhere from an upscale restaurant to a vada pao stand at an IPL Game. Its major competitors in are- India Worldwide * KFC * Local Burger Shops Burger King * Dominos Wendy’s * Pizza Hut Yum! (KFC‚ Pizza Hut and Taco Bell) * Subway jack in the Box KFC Unline McDonalds‚ KFC has not been able to establish itself and shun its image of being a beef burger shop. McDonalds is clearly poised well in
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Introduction pizza hut is corporately known as pizza hut incorporation it started out as a pizza parlor opened up by dan and frank carney in a small rented building in Kansas ‚ using only $600 borrowed from their mother. in 1966 the first pizza hut office was built in Wichita to oversee 145 restaurant in 1968 the number of pizza hut restaurant had reached 300 ‚ and pizza hut had decide to open one restaurant outside united state and it is in Canada . pizza now is one of the World’s
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that will bring either threat or opportunities to Pizza Hut included political factor‚economic factor and social-cultural factor. Firstly‚ in social-cultural factor‚ Pizza hut found that every countries have their own belief and religion.For example in India‚the Indian people don’t eat beef because they think that the beef is divinity‚ moreover than that according to a survey shows that more than 30% of Indian are vegetarian ‚ hence‚ when the pizza hut first enter into the indian market at year 1996
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Pizza Hut dominated the fast food market in the world both in sales and number of restaurants before 1986. In 1986‚ the company announced to start the home delivery market‚ which would especially target the children‚ two-career families‚ and parents with small children‚ etc. Segmentation of the children by age (a group of the same age who will respond to a marketing mix in a similar way) outcomes in the following market approach: Kids (age 3-11)‚ Teens (age 12-17)‚ Those two segmentations represent
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Changing Culture at Pizza Hut and Yum! Brands‚ Inc. The concept of corporate culture has captured the imagination of executives for years. For executives struggling to manage organizational change‚ understanding their organization’s culture has become paramount before undertaking such a change. They realize that significant strategic and structural realignment cannot occur if it is not supported by the organization’s norms and values. Organization cultures are created by leaders and‚ therefore‚
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Strengths Pizza Hut is an international franchise and restaurant chain having presence in many countries and is originally based in Texas‚ USA. The company specializes in the American-style pizza that till to date no other pizza restaurant has been able to compete. The company also offer many other food items and side dishes like breadsticks‚ wings‚ garlic bread etc. Pizza Hut is one of the largest restaurant chains in the world and is a sub brand of Yum! Brands‚ Inc. The Pizza Hut owns and runs
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BM012-3-2-EMKT � � PAGE * MERGEFORMAT �1� HISTORY __ In 1958 Frank and Dan Karney open the first Pizza Hut in Wichita‚ Kansas. In 1972 there were 1000 Pizza Hut restaurants throughout the USA. Then in 1973 Pizza Hut went international. Later on‚ in 1977 PepsiCo buys Pizza Hut‚ with 3‚000 U.S. units. In 1989 the Pizza Hut Jobs Plus program expands Nationwide to employ more than 10‚000 individuals with physical and developmental disabilities. The Jobs Plus program is recognized as the largest corporate
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On April 2008‚ Pizza Hut announced the introduction of a new product line called the "Tuscani Pasta". Like any product‚ this product has a life cycle. Different strategies should be maintained through each stage of the cycle in order to move the product throughout the cycle. 1.Introduction Stage:The main purpose of this stage is to introduce the new product to the market. The company must be aware of the tremendous amount of time and money which will be spent at this stage in order to attract consumers
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